Gun violence costs the US $557b USD annually: Media ...Middle East

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Gun violence costs the US $557b USD annually: Media
LOS ANGELES: Gun violence that causes tens of thousands of US deaths each year is having a significant, negative impact on the country’s economy, Xinhua quoted a Bloomberg report.Harvard Medical School researchers found that gun violence costs the United States some US$557 billion annually, or 2.6 per cent of gross domestic product, the report cited a study published in the journal JAMA.The majority of that cost is attributed to quality-of-life losses among those injured by firearms and their families, according to the study.As the pandemic raged in 2020, the United States saw a record number of gun deaths and gun sales, according to a Johns Hopkins Bloomberg School of Public Health analysis

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